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Cotton Prices Fell &Nbsp; Clothing Prices Rose Hard To Change.

2010/12/2 11:03:00 59

Cotton Prices Fall

  

Not a few

服装企业的原料是在棉价上涨时采购的,所以短期内服装价格不会下降

  

The results of the national macro-control were initially revealed: within half a month,

Cotton futures

The price has plummeted by more than 20%.


However, the sharp fall in cotton prices has not wavered in the trend of rising clothing prices. The industry expects that spring prices will continue to rise next year.


The price of cotton is reduced by four thousand or five thousand yuan per month


The national development and Reform Commission announced in November 25th that domestic commodity prices had dropped sharply since November 12th.

The closing price of cotton in November 24th was 23.6% lower than that in November 10th or 11.


In November 25th, the main contract of cotton futures on the Zhengzhou Mercantile Exchange approached another 25000 yuan / ton, which was nearly 25% lower than the 10 yuan record of 33600 yuan / ton in November.


Liaoning provincial economic and Information Commission textile department official told reporters that the current cotton spot price is 25000~26000 yuan per ton, down four thousand or five thousand yuan from half a month ago.


  

Clothing price

Still strong


Although cotton prices have plummeted, the price of clothing has not changed.


Yesterday, Mr. Wu, a clothing store owner near Wu AI street, said that although they had learned the news of the decline in cotton prices, the price of clothing was still strong. Judging from the feedback from manufacturers, there was no sign of any price cuts, and some winter clothing prices were even rising.


Miss Liu, director of the planning department of a clothing enterprise in Fujian, said that from cotton to clothing, it had to go through dozens of processes, so the price of clothing had a certain lag. In addition, clothing enterprises usually purchased raw materials in advance for half a year or even a year.


Miss Liu said that even if the price of cotton fell, it would be difficult to drop to last year's low point, and labor costs and pportation fees were all rising. Therefore, the rising trend of clothing was difficult to contain. It is expected that the price of spring clothes will still rise next year.


Production of textile enterprises in Liaoning has not been affected.


Liaoning Province Economic and Information Technology Commission textile department responsible person said, cotton price fluctuations for our province's textile industry is still relatively large.


However, Liaoning textile enterprises reserve cotton ahead of schedule, the current production has not yet been affected by the sharp rise and fall of cotton prices, profitability is still relatively good, but if cotton prices remain high next year, then will increase the cost of textile enterprises.


Yesterday, Zhengzhou cotton futures opened high, followed by high volatility, ending with 25380 yuan / ton rose.


China's cotton price index fell by 84 yuan to 26164 yuan.


Analysts pointed out that cotton prices will enter the concussion period in the short term.


Although cotton prices showed a slight pullback, Ma Wenfeng, an analyst at Beijing orient agricultural consulting company, said that cotton prices were even at all-time highs even in the context of cotton production and inflation.

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